Reconciliatory
Reconciliatory is in regard to mission statements, the need for the statement to be sufficiently broad to "reconcile" differences effectively among diverse stakeholders, ie appeal to a firm's customers, employees, shareholders, creditors – rather than alienate any group.
Definition
According to the Strategic Management by David and David (15th edition),
- Reconciliatory. In regard to mission statements, the need for the statement to be sufficiently broad to "reconcile" differences effectively among diverse stakeholders, ie appeal to a firm's customers, employees, shareholders, creditors – rather than alienate any group.